Celsius Holdings Investors: Urgent Action Required Before January 2025 to Secure Your Rights

As an investor in Celsius Holdings, Inc. (NASDAQ: CELH), it is critical to pay attention to recent announcements from Levi & Korsinsky, LLP, which is notifying shareholders about a class action securities lawsuit. This lawsuit primarily aims to address the losses incurred by investors affected by alleged securities fraud that took place between February 29, 2024, and September 4, 2024.

What You Need to Know

The class action lawsuit seeks to recover losses on behalf of Celsius investors who were adversely impacted during the specified timeframe. According to legal documents, the complaint alleges that the defendants made misleading statements about the company's prospects, artificially inflating the market price of Celsius common stock. It points out that certain officers and insiders profited tremendously by selling over 21.6 million shares at these inflated prices, generating a profit exceeding $1.4 billion.

If you have experienced losses during this period, you have until January 21, 2025, to request that the Court appoint you as a lead plaintiff. It's important to note that your ability to participate in any potential recovery does not necessarily require you to serve in this role.

Why Act Now?

The forthcoming deadline emphasizes the importance of contacting Levi & Korsinsky to explore your legal options. The firm offers a no-cost participation model, ensuring that class members may receive compensation without any financial obligations. Given the track record of Levi & Korsinsky, which has successfully secured hundreds of millions of dollars for investors over the past two decades, their expertise may provide invaluable support in navigating this legal landscape.

If you wish to inquire more or need assistance, reach out to Joseph E. Levi, Esq. at (212) 363-7500 or via email at [email protected]. Additionally, visit the firm’s website to fill out a submission form, ensuring that your claims are processed efficiently.

Insights on the Allegations

The allegations against Celsius Holdings highlight significant corporate governance issues. The core of the complaint accuses the company of fostering a misleading environment that ultimately led to inflated stock prices, causing harm to everyday investors. This situation raises critical discussions around transparency and accountability in publicly traded companies, urging a reevaluation of how businesses handle their financial disclosures and stakeholder communications.

The Road Ahead

As time is of the essence, Celsius shareholders should act swiftly. Engaging with legal counsel may provide insights on how to navigate the claims process effectively. The legal landscape surrounding securities fraud is complex, and professional guidance could enhance the prospects of recovery.

Levi & Korsinsky has been recognized consistently as a top firm in securities litigation, indicating their capacity to deliver results for their clients. By contacting them promptly, investors can empower themselves in pursuing justice for any losses incurred during this troubling period.

For more information, visit Levi & Korsinsky's website or reach out through the contact information provided above.

Don't wait; ensure your rights are protected in light of these serious allegations against Celsius Holdings.